4 Comments

Unemployment rises day by day because of lack of jobs for people.So many companies are out sourcing their work to different countries, so that they can earn more profit,but they are not thinking about the unemployment in their own country.Government must take some action on this.
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alesianColorado Drug Treatment

You should ask yourself why. Why are these companies leaving for other countries? It is not because the government has not done enough, but rather that they have done too much. Taxes are too high for companies, government regulations cost too much to comply with, and for a lot of companies labor here is manadated to be too costly.

When you are dealing with a global marketplace, the taxes and regulations of the country need to be competitive and when you see companies leave it is an indication that the country they had been located in was not offering them low enough taxes and regulations so they found a better offer. Companies shop for countries to set up shop in using the same criteria as we do when looking for the best deals on a product or service we wish to buy (who has the best product at the lowest cost).